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CSPAN
Oct 1, 2012 2:00am EDT
the worst employment participation in 30 years -- in the three and a half years of president obama tenure, gdp growth has been 1.5%. historically, for the last seven years, it has been 3.7%. we have had less than half the historical average pared by contrast, in 1984gdp growth was 7.2% print what does that mean when the economy is growing, when small businesses are prospering? they are creating new jobs and people are able to find work. it creates opportunity for everyone. what we have unfortunately is small business after small business facing crushing uncertainty. the single biggest question you hear from business leaders is they don't know between obamacare and dodd-frank and the offshore drilling moratorium in texas. but entrepreneurs expressed to me is the sense of great uncertainty. what will the federal regulators do? and the president keep promising to raise everyone's taxes, which is causing small businesses to keep capital on theidelines and not deploy it because they have so much uncertainty. >> i am t certain that the president is going to raise their once taxes. but you know
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